Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2147 12th St Erie, PA 16505

OFF-MARKET
Strip malls
Property ID
US73-2574680
92,711 SF 8.39 ac lot Built 1967
Last sale Jan 2017 · $278,303
Trust Owned Owner of record is a trust. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This retail center contains 138,321 square feet of space configured in a strip-mall style layout on a 15.61-acre site. The property includes 737 parking spaces and multiple access points, supporting vehicle arrivals and circulation across the site. On-site wayfinding and identification are supported by prominent pylon signage. The center is located on a retail-oriented, highly visible site within an area that includes a mix of national and local brands, with nearby retailers such as Chipotle, Starbucks, Moe's Southwest Grill, Jersey Mike's, and Wendy's.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$90k
Tax billed · 2023
Assessed value · 2024$2.36M
Assessed land$587k
Assessed improvement$1.77M
Effective rate3.80%

Value estimate

· Oct 2026
$995k
$896k – $1.09M
AI approach$760k
Submarket $/SF estimate$1.23M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.7
Dental Office19.6
Parking Facility15.1

Location

2147 12th St Erie, PA 16505-4835
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

13 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2147 12th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again